Yemisi Izuora The President and Chief Executive of the Dangote Group, Aliko Dangote, has been appointed to the World Bank’s Private Sector Investment Lab, joining a select group of global business leaders tasked with driving investment and job creation in emerging economies. In 2023, Mark Carney, the Prime Minister of Canada, co-chaired the Private Sector Investment Lab, which focused on attracting £1 trillion in sustainable investment to support the energy transition in emerging markets. In a statement confirming his acceptance, Dangote reaffirmed his commitment to fostering sustainable economic growth through private sector-led investment, noting the transformative potential of such initiatives…
Author: orientalnewsng
Yemisi Izuora Key Nigerian off-grid developers presented their potentials at a Decentralised Renewable Energy (DRE) Developer Forum jointly organised by All On and Rural Electrification Agency (REA). At the forum no fewer than 300 professionals from a diverse range of off-grid developers from across Nigeria’s renewable ecosystem that participated showcased their efficiency in the renewable energy space. The hybrid forum, held on Wednesday, April, 23, 2025, provided developers and investors with an in-depth insight to the World Bank’s Distributed Access through Renewable Energy Scale-up (DARES) Project-implemented under the Rural Electrification Agency (REA), including guidance on the application process, funding requirements,…
The Kano Electricity Distribution Company (KEDCO), said it has significantly boosted electricity supply with customers enjoying supply spanning over nine hours daily. According to information shared with LEADERSHIP, by Sani Bala Sani, Head, Corporate Communication of the utility firm, the DisCo has made significant progress in enhancing the power supply, and the results are evident in the average daily supply available in its dispatch records. For instance, Sani, revealed that in March 2025, the majority of its customers across the bands enjoyed an average of 14.44 hours of power supply daily, while from 1st to 17th April, the DisCo dispatched…
Pope Francis has died at the age of 88, the Vatican confirmed on Monday morning. The pontiff passed away peacefully at his residence in the Vatican after a period of declining health. His death marks the end of one of the most influential and reform-minded papacies in modern Catholic history. Born Jorge Mario Bergoglio on December 17, 1936, in Buenos Aires, Argentina, Pope Francis was elected in March 2013 following the resignation of Pope Benedict XVI. He was the first Jesuit pope, the first pope from the Americas, and the first non-European pope in over 1,200 years. During his…
Director, North Central Zone, National Emergency Management Agency (NEMA), Mr Aliyu Waziri, Director, Search and Rescue, NEMA, Air Commodore Abang Oyong presenting relief items provided by NEMA to the Chairman of Bokkos Local Government Area of Plateau State, Mr Amalau Samuel for distribution to Internally Displaced Persons at St Thomas the Apostle Catholic Church IDPs Camp in Bokkos on Monday 7th April, 2025. The Governor of Plateau State, Mr. Caleb Mutfwang has commended the prompt response of the National Emergency Management Agency NEMA in providing critical support to individuals affected by the recent attacks on several communities in Bokkos Local Government Area. He also sought for stronger cooperation with the National Emergency Management Agency…
Yemisi Izuora Dr. Obinna Ezeobi, a management staff at Nigerian Content Development and Monitoring Board (NCDMB), has stunned the oil and gas industry with the release of a compendium of local content policy in Nigeria. The book is coming as stakeholders in the industry gear up to mark 15 years of the enactment and implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act The book aptly captures some of the thrills and highlights of the local content policy. Titled “Nigeria’s Local Content: A Journey of Strategic Communication and Economic Transformation” and written by Dr. Obinna Ezeobi, a…
Yemisi Izuora Dr. Obinna Ezeobi, a management staff at Nigerian Content Development and Monitoring Board (NCDMB), has stunned the oil and gas industry with the release of a compendium of local content policy in Nigeria. The book is coming as stakeholders in the industry gear up to mark 15 years of the enactment and implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act The book aptly captures some of the thrills and highlights of the local content policy. Titled “Nigeria’s Local Content: A Journey of Strategic Communication and Economic Transformation” and written by Dr. Obinna Ezeobi, a…
Yemisi Izuora Leadway Assurance, has entered into partnership with Wafira Ntaba Limited to launch a bespoke insurance policy for Nigerian women. The product, Plan B Insurance, comes in simplified and affordable packages for as low as twenty-six thousand Naira per quarter, broadening financial inclusion and income protection for women-led Small to Medium-sized Enterprises and lifestyle protection for women across different social strata in Nigeria. According to information on the product, a unique part of the Plan B product is in its single-wide coverage from risks and perils related to auto insurance, healthcare, personal accident, fire, burglary, life insurance and education…
Tunde Bakare The Think Yoruba First Organization, a body, organization and institution committed to the protection, preservation, and promotion of Yoruba heritage, identity, and rights, has written to the National Assembly expressing their rejection of the proposed Federal Bill by Hon. Kalu Okezie. The Bill seeks to grant indigenous rights to Nigerians who have either lived in a particular place for ten years or have been married to an indigenous person for the same period. The group expressed the concerns that he Bill if passed into law, will not only erode the cultural and historical foundations of indigenous peoples across…
Yemisi Izuora The Nigeria Deposit Insurance Corporation (NDIC), has given assurances to depositors of the defunct Heritage Bank whose balances exceed the maximum deposit insurance limit of N5 million, that the Corporation has intensified efforts to ensure timely payments. Following the revocation of Heritage Bank’s banking license by the Central Bank of Nigeria (CBN) on June 3, 2024, the NDIC was appointed as the liquidator in accordance with Section 12(2) of the Banks and Other Financial Institutions Act (BOFIA) 2020 and Section 55(1 & 2) of the NDIC Act 2023. In line with its statutory mandate, the Corporation immediately commenced…